Don't miss the great buy opportunity in ETHBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.023). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Etheremun/Bitcoin is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 86.
Take Profits:
TP1= @ 0.0249
TP2= @ 0.0280
TP3= @ 0.0347
SL= Break below S2
Ethereumbitcoin
Don't miss the great buy opportunity in ETHBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.023). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Etheremun/Bitcoin is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 86.
Take Profits:
TP1= @ 0.0249
TP2= @ 0.0280
TP3= @ 0.0347
SL= Break below S2
Ethereum RepostI have to emphasise the potential returns on this investment by reposting this, Ethereum is currently in a great spot both technically and fundamentally for 2020, I believe the 0.618 fib line will be hit as per retracement from local top of 2017s bull run. As you can see there are three clear dips, the third being the largest.
ETHUSD | Rejected by R4Please support this idea with LIKE if you find it useful.
Initiate Short.
Entry - 170.28
TP - 158.38
SL - 173.50 (Slightly above Pivot Resistance 4)
Reason: The price was Rejected by R4 and can return on lower resistances for correction. THough it is a Risky setup, because overall the price face an uptrend.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
ETHUSD Breakout patternSmall fibonacci retracement within the downtrend, price has setup for a nice bullish reversal, with an inverse head and shoulders signalling this. Low, and higher lows clear, stop loss also listed for those entering this trade. Green fractal indicating possible movement pattern.
Eth MomentumIncreasing upward pressure within the downward channel, (1,2,3,4). Log trend shows a rapid decline, which may result in a short term rebound. Constant rejections at the downward trend line. My advice is to make a fundamental analysis regarding ETH and enter your position based on your perceived intrinsic value. My current evaluation for Ethereum is $300 Long term.. for anyone curious. 4Hr chart.
Ethereum - Support vs CapitulationAfter another sell-off earlier today, crypto markets have continued to fall, with the total market cap dropping to $220 Billions threshold.
Ethereum couldn't avoid taking a 6.57% hit driven by the overall bearish market sentiment.
Question:
What is the probability you see at $175 major bottom and support against , $175 failure ?
Looking forward your commend and would appreciate your like and engagement.
Thank you
Scrembo
ETH/BTC Going to break this trendline? &MusicWhen will Eth break this trendline? For anyone interested in the winky face, I have been hearing a lot of references to 'the end is nigh' kinda thing in songs, (mostly rap music) Here's a list of songs with some references.
'We made you' Eminem (Dr Dre 2020!)
'Not Alike' Eminem, Royce Da 5'9"
'I wanna rock' G-eazy
'Boy Bye' BROCKHAMPTON (This is the year place your bets)
'WE GOOD!' Travis Thompson
'Oh Wow...Swerve' Dreamville ('And i feel like the world is ending soon')
Please leave comments!
I could be a schizophrenic so be wise. ;)
I still believe these comments that the current marketable applications of Ether outweigh that of Bitcoin, and overtime Ethereum will become the more popular of the two.